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Schedule Reg 1 O 2016-2025

Illinois Reg 1 O 2016-2025 Form

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Instructions and help about schedule reg 1 o

a schedule one is a schedule that gets attached to your 1040 that's to report other income so that would be income that wouldn't be honest wouldn't be on the w-2 maybe alimony maybe the schedule c income from your business maybe the k1 income from your business so any other income that you received during the course of the year would be reported on schedule one in addition any adjustments like different deductions that you are able to take that every payout would also get listed as an adjustment on schedule one so pretty much in a nutshell schedule one is an expanded component to your income section of your 1040. so when you receive different documents that um there's other income like a 1099 miscellaneous and you have you received it for say a rebate that would be reported in other income you would report it and then any adjustments that you have like say for instance tuition or deduction of that nature would be an adjustment and that would get reported

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